Results 4,381-4,400 of 26,006 for speaker:Kieran O'Donnell

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: This feeds into my second question, which is on energy costs. On the ESRI report, I want the institute to explain some evidence, which is that some energy companies are using the greater-than-expected profits on the generation side to offset losses on the supply side, thereby putting downward pressure on customer prices. My question to both the Irish Fiscal Advisory Council and to the ESRI...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: The €200 credit is something Dr. Lynch would agree with. Will Mr. Barnes respond briefly?

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: I am seeking clarification from Mr. Barnes on a particular point. In response to my initial questioning, he said the IFAC is expecting a surplus of €4.2 billion rather than €1.2 billion, which I calculate as a difference of €3.3 billion. However, he indicated that within that €1.2 billion, the Government is bringing forward €2.5 billion of temporary...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: Therefore, it looks like the €3.3 billion on top is completely separate. The way I look at it - Mr. Barnes might not agree but it is factual, as I make it out - the Government can technically spend between €2.5 billion and €5.8 billion on temporary measures and still meet its targets as set out in the summer economic statement. I am not saying it will do that; I am just...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: It has a target in its summer economic statement of a surplus of €1.2 billion.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: It is the most up-to-date figure we have.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: I accept that.

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: What should the Government do with the €3.3 billion above that figure which it will take in?

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: Is there ever a scenario in which, with €500 million put into the rainy day fund, that €3.3 billion in unexpected taxes can be used in a targeted way for once-off measures? We are in a wartime situation with energy prices. What is happening in Russia is partly the reason gas prices have gone up. Is there any circumstance in which we would use some of the €3.3 billion...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: What is the scope for the Government? I read Mr. Barnes's piece on our borrowings. There are low interest rates on bonds in the secondary bond market. The ECB has gone back into that market, which has brought down interest rates. If, in the coming 12 months, we have a catastrophic situation in which energy prices get out of control and this has a huge impact on growth, brings down tax...

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: Could we borrow €20 billion or €30 billion at present?

Committee on Budgetary Oversight: Updated Economic and Fiscal Position in Advance of Budget 2023: Discussion (7 Sep 2022)

Kieran O'Donnell: That is good to know.

Joint Oireachtas Committee on Transport, Tourism and Sport: Situation at Dublin Airport: Discussion (26 Jul 2022)

Kieran O'Donnell: The topic of this meeting is a discussion of the up-to-date situation at Dublin Airport, including disruption and cancellation of Aer Lingus flight schedules, inconvenience for passengers and displaced baggage. I welcome representatives of Aer Lingus, the Dublin Airport Authority, DAA, Swissport UK and Ireland and Sky Handling Partner. The purpose of this meeting is information gathering....

Joint Oireachtas Committee on Transport, Tourism and Sport: Situation at Dublin Airport: Discussion (26 Jul 2022)

Kieran O'Donnell: Great. We are very happy to have Ms Embleton here.

Joint Oireachtas Committee on Transport, Tourism and Sport: Situation at Dublin Airport: Discussion (26 Jul 2022)

Kieran O'Donnell: I invite Mr. Harrison to make his opening remarks.

Joint Oireachtas Committee on Transport, Tourism and Sport: Situation at Dublin Airport: Discussion (26 Jul 2022)

Kieran O'Donnell: I thank Mr. Moloney. We will now move to questions. Members will have ten minutes each. There is a significant number of members present, which is great. The ten-minute slot is for questions from members and answers from the witnesses. In the interest of clarity, I ask members and witnesses to keep their questions or answers as brief as possible. The travelling public has come to us...

Joint Oireachtas Committee on Transport, Tourism and Sport: Situation at Dublin Airport: Discussion (26 Jul 2022)

Kieran O'Donnell: Does Aer Lingus have many staff out sick with Covid at the moment?

Joint Oireachtas Committee on Transport, Tourism and Sport: Situation at Dublin Airport: Discussion (26 Jul 2022)

Kieran O'Donnell: So it is not Covid-19 then? Is it primarily the Heathrows and Schiphols and the restrictions being put in place there?

Joint Oireachtas Committee on Transport, Tourism and Sport: Situation at Dublin Airport: Discussion (26 Jul 2022)

Kieran O'Donnell: What percentage of flights have been cancelled because of Covid-19?

Joint Oireachtas Committee on Transport, Tourism and Sport: Situation at Dublin Airport: Discussion (26 Jul 2022)

Kieran O'Donnell: What impact have Heathrow's actions had on Shannon, Cork and Dublin airports? Heathrow's cap is going to be in place until the end of October. What impact will that have on Heathrow flights out of Dublin, Cork and Shannon airports?